Dossier
ITVX
Coverage of ITVX in the Nexus archive.
- Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
Sky, owned by US telecoms company Comcast, has agreed to a £1.6bn deal to acquire ITV’s broadcasting and streaming arm, including free-to-air TV channels and the ITVX platform. The transaction includes an initial £1.2bn cash payment and up to £200m additional payment in 2028 based on 2027 advertising revenues.
- Sky makes £2bn spending pledge as it prepares takeover of ITV broadcasting arm
Sky has pledged £2bn over five years to ITV’s studios business as it prepares to acquire ITV’s broadcasting arm, a move expected to secure the future of shows like Coronation Street and Love Island. The £1.6bn takeover deal could be announced in early July, involving ITV’s free-to-air UK TV channels and the ITVX streaming platform.